Which nationalities are prohibited from buying real estate in Turkey ?

The laws in Turkey are known to be very simple and are among the best laws in the world when dealing with foreigners, especially in the aspect of laws related to investment, but despite that there are some imposed rules and red lines that should not be crossed.

According to the Turkish Constitution, there are many nationalities that are prohibited from owning real estate in Turkey, but what is the reason? Through the following article, we provide you with all the details and information related to this topic. 

Who is allowed to own real estate in Turkey?

Previously, Turkish laws were working to the principle of reciprocity, and a foreigner was not allowed to buy a property in Turkey if his mother country did not allow Turkish citizens to own real estate on its land, but since 2012 AD, this law has been abolished and all foreigners can buy real estate in Turkey except Five nationalities were banned for a variety of reasons. Below we will mention them and all the reasons for which they were banned.

Nationalities prohibited from buying a property in Turkey:

Syrian Nationality/Armenian Nationality/Cypriot Nationality/North Korean Nationality/Cuban Nationality.

Reasons that prevent holders of Syrian citizenship from buying real estate in Turkey:

1 - For the Syrians, one of the main reasons that prevented them from buying real estate in Turkey is the agreement that was signed in 1939 in the state of Hatay, through which all the properties of the Turks in Syria were confiscated, and the effects of this agreement still exist until the moment. Because of it, people with Syrian citizenship were not allowed to buy real estate in Turkey

2 - It is worth noting that efforts are being made to cancel this agreement and allow the Syrians to buy real estate in Turkey, especially with the large influx of Syrians to Turkey due to the political and economic conditions in their country.

Reasons that prevent holders of Armenian citizenship from buying real estate in Turkey:

1 - The historical relationship between Turkey and Armenia has played a pivotal role in preventing Armenian holders from buying real estate in Turkey, and despite the long time, this issue is still sensitive to Turkish national security.

2 - There are no expectations that the law that prevents Armenians from buying real estate in Turkey will be repealed in the near future.

Reasons that prevent holders of Cypriot citizenship from buying real estate in Turkey:

What prevents the holder of this nationality from owning real estate in Turkey is the dispute that goes back to 1925 AD, which is due to the rights of the Turks in Cyprus, but there are expectations that this ban will be removed soon if the diplomatic crisis between the two countries is resolved.

As for the North Korean and Cuban citizenship, the holder was prevented from buying real estate in Turkey due to the international sanctions imposed on these two countries, forcing Turkey to abide them.

Why is there a huge flock to buying real estate in Turkey?

1 - Recently, the desire to own real estate in Turkey has increased, because real estate investment is one of the safest investments in the world, as its value increases with time.

2 - The Turkish economy is distinguished by its advanced rank at the global level, and it is expected that in the coming years it will be among the firsts in the world.

3 - Turkey is witnessing political stability and has close relations with many countries of the world, especially Arab countries, which indicates the prosperity that the country will experience.

4 - Turkey pays special attention to the infrastructure and is working on the construction of many development projects, which is one of the reasons why many investors from the world buy real estate in Turkey.

5 - By purchasing a property in Turkey, it is possible to obtain a real estate residence permit, which is one of the most important types of residence permits in Turkey, due to its ease of obtaining and the possibility of renewal.

6 - By purchasing a property in Turkey, it is possible to obtain Turkish citizenship, but the price of the property should be no less than two hundred and fifty thousand US dollars, and a commitment must be made not to sell it before three years.

7 - A large group of people who buy a property in Turkey aim for real estate investment. All evidence points to the feasibility of this thing, especially with expectations that real estate prices may rise during the coming period due to the rise in the prices of raw building materials.

Are there alternative solutions for those who hold one of the nationalities prohibited from buying a property in Turkey in order to own a property?

It is possible to buy a property for one of the nationalities prohibited from buying real estate in Turkey by establishing a company. It is a suitable option for traders and businessmen, but it is a difficult choice for the average person due to the costs required to establish the company.

Steps to buying real estate in Turkey:

In order to ensure that you get the best real estate in Turkey, you must follow some basic steps:

1- Determine your goal of buying a property in Turkey:

There are many reasons that push investors to buy real estate in Turkey, either with the intention of housing, or with the intention of real estate investment in Turkey, or sometimes with the intention of obtaining Turkish citizenship.. Therefore, it is necessary to determine the main objective of the property in order to know the financial budget that you need and the areas that suit your goal

2- Dealing with a trusted real estate company:

There is no doubt that real estate companies in Turkey have experience and deeper knowledge of the real estate market in Turkey, so your dealing with one of these companies saves you effort and time, but certainly you must deal with reliable companies known for their high credibility.

3- Preparing the necessary papers in order to buy a property in Turkey:

There are many documents that you need on the journey to obtain a dream property, and we at Ramzy Real Estate help you complete all these papers from the tax number to the real estate appraisal document and others.

4- Signing the contract between the two parties:

After completing all the papers and procedures, the stage of signing the purchase contract between the buyer and the seller comes. Of course, you must ensure the integrity and authenticity of all documents so as not to fall victim to real estate fraud.

What are the reasons that motivate foreigners to choose Turkish citizenship?

We have a set of motives that encourage the foreigner to obtain Turkish citizenship without other nationalities around the world, and their importance has been noticed through the large influx of people to apply for it.

Through the following paragraph, you can see the advantages of obtaining this citizenship in detail.

First: Obtaining dual citizenship:

One of the first advantages that can be obtained through this Turkish citizenship is that the first citizenship or the citizenship of the country to which the foreigner belongs can be retained, and therefore he will be able to benefit from the advantages of both nationalities together.

Second: Granting it to all family members:

Turkish citizenship is not granted only to a foreigner, but to all family members and under specific conditions, the most important of which are:

- Children must not be over the age of eighteen.

- Only one wife can have it.

- If one of the children suffers from a disability, he can get it after 3 years.

Third: Many and Distinguished Job Opportunities:

One of the most important advantages of obtaining Turkish citizenship is that it is possible to obtain many distinguished job opportunities in both the public and private sectors, as well as the professions that a foreigner is prohibited from working in, such as pharmacy, veterinary medicine, customs clearance and law.

Fourth: Turkish Citizenship Rights:

Those who hold that nationality will be able to obtain all the rights enjoyed by Turkish citizens without exception, such as running in elections and participating in political life, and benefiting from the retirement law for people over the age of sixty five.

Among the advantages of obtaining Turkish citizenship is that it can be applied for in more than one way, and this is precisely what made it one of the most important and best nationalities in the world and helped it achieve unprecedented progress by surpassing many other nationalities.

One of the best ways to apply for it is to invest in real estate, but within specific conditions, which is that the price of the property is not less than 400,000 US dollars, and you must also pledge not to sell it before the lapse of at least three years.

On the other hand, one of the best ways to obtain it is (bank deposit), where it is possible to deposit an amount of at least 500 thousand US dollars for a period of no less than three years.

Let us tell you that the offers available for obtaining Turkish citizenship are many and varied, as construction companies are often keen to build their projects in accordance with the conditions for obtaining them in order to meet the desires of the largest group of investors and foreigners.

If you want to obtain Turkish citizenship through real estate investment, you should choose the new projects with modern urban design, as they are the most suitable for the conditions of obtaining citizenship, and it is advisable to contact a real estate company with experience and knowledge of the real estate market in Turkey.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

Editing by Ramzy Real Estate Team ©

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